Maintains A Firmer Tone *RES 4:........>

AUSSIE TECHS: Maintains A Firmer Tone

*RES 4: 0.7082 High Jul 19, 2019

*RES 3: 0.7063 High Jun 10 and the bull trigger

*RES 2: 0.7005 High Jun 11

*RES 1: 0.6988 High Jul 6

*PRICE: 0.6977 @ 16:33 BST Jul 6

*SUP 1: 0.6833 Low Jun 30

*SUP 2: 0.6805 Low Jun 22

*SUP 3: 0.6777 Low Jun 15 and the bear trigger

*SUP 4: 0.6733 50-day EMA

AUDUSD maintains firmer tone trading to a high of 0.6983 earlier. Technical

developments last week highlight the formation of a 'Golden Cross' as the 50-dma

rose above that of the 200-dma. The last two golden crosses were January 2018

and July 2017, both of which were followed by a short sharp appreciation in the

pair. Key support is 0.6777, Jun 15 low and this level needs to hold to avoid a

stronger bearish reversal. Attention is on resistance at 0.7063, Jun 10 high.